Ton Yi brings 2015's second Formosa, but demand tepid
Sean Gladwell - Fotolia
Cayman Ton Yi Industrial Holdings Limited (Cayman TY), a subsidiary of Taiwan headquartered Ton Yi Industrial Corp, has issued a small Formosa bond, several Taiwan DCM bankers have told GlobalRMB. The three year deal has been priced to yield 4.20% with a final size of Rmb142m ($22.6m), according to two of the sources.
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